Oanda vs IQ Option

Oanda is a global forex broker and one of the oldest in the market, headquartered in London and supervised by the UK financial regulator FCA, but also has offices in Singapore, Tokyo, Toronto, Chicago and Zurich. You can trade forex or CFDs on indices, commodities or bonds at Oanda either through its own trading platform fxTrade or with MetaTrader 4. IQ Option was originally started as a broker for binary options, but now offers much more. Forex and CFD trading have been added to the offering. Clients can trade numerous stocks, currency pairs and ETFs. This extensive offering is coupled with good service and an excellent trading environment.

Broker Oanda IQ Option XM
Headquarters New York Cyprus Cyprus
Spanish
MM/STP Broker
ECN Broker
Founded 1996                       2013                       2009
Regulated By CySEC
Regulated By NFA
Regulated By FCA
Regulated By ASIC
Minimum Deposit $ 1 $20 $5
Maximum Leverage 1:100 1:300 1:500
Minimum Trade 0.00001 Lots 0.01 Lots 0.01 Lots
Commission
Deposit Fee
Withdrawal Fee
Fixed Spreads
Variable Spreads
EUR/USD Spread (Variable) 1.10 3.00 0.50
View all spreads View all spreads View all spreads
Demo Account
Micro Account
Zero Spread Account
Islamic Account
Deposit Bonus
No Deposit Bonus
Currency Pairs 71 88 57
CFDs 52 170 356
Cryptocurrencies
Stocks
Indices
Energies
Metals
View Instruments View Instruments View Instruments
MetaTrader 4
MetaTrader 5
Mobile App
iOS
Android
Web Platform
cTrader
NinjaTrader
Mirror Trader
ZuluTrade
Social Trading
Signals
Scalping
Hedging
VPS
Expert Advisor
PayPal
Neteller
Skrill                                            
Payoneer
Credit Card
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